Windar Photonics PLC Result of AGM (8112C)
30 Giugno 2016 - 12:28PM
UK Regulatory
TIDMWPHO
RNS Number : 8112C
Windar Photonics PLC
30 June 2016
30 June 2016
Windar Photonics plc
("Windar" or the "Company")
Result of Annual General Meeting
Windar Photonics plc (AIM:WPHO) is pleased to announce that at
its Annual General Meeting held earlier today, all resolutions put
to shareholders were duly passed.
For further information:
Windar Photonics plc Martin Rambusch, CEO +45 2168 9476
Cantor Fitzgerald Europe Andrew Craig
Nominated Adviser and Broker Richard Salmond +44 (0)20 7894 7000
About Windar
Windar Photonics is a technology group that develops
cost-efficient and innovative Light Detection and Ranging ("LIDAR")
optimization systems for use on electricity generating wind
turbines. LIDAR wind sensors in general are designed to remotely
measure wind speed and direction.
About WindEYE(TM)
The Group's key product is the WindEye(TM) Sensor, which
measures wind direction and wind speed by scanning a laser beam
ahead of the wind turbine. The WindEye(TM) Sensor was designed for
the general optimization of wind turbines.
Based on the Group's testing, it has proven possible for the
WindEye(TM) Sensor to increase the power output of a wind turbine
by approximately one to four per cent and further reduce strain on
vital components of the wind turbine. The WindEye(TM) Sensor has
been designed to have a multi-year lifecycle with limited
maintenance other than the replacement of the light source every
two years. Due to the use of a semi-conductor laser, the Directors
believe that the Company is able to offer the WindEye(TM) Sensor at
a lower cost compared to competing products whilst still retaining
an attractive margin.
The Directors believe that the WindEye(TM) Sensor can be
differentiated from comparable products currently available on the
market by its lower price and durability, which typically enables
the Company to provide its customers with a return on investment
within one to four years.
http://investor.windarphotonics.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
RAGSDWFSSFMSEEM
(END) Dow Jones Newswires
June 30, 2016 06:28 ET (10:28 GMT)
Grafico Azioni Windar Photonics (LSE:WPHO)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Windar Photonics (LSE:WPHO)
Storico
Da Lug 2023 a Lug 2024